SummitTX Capital L.P. reduced its stake in shares of Pool Corporation (NASDAQ:POOL – Free Report) by 68.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,013 shares of the specialty retailer’s stock after selling 4,467 shares during the period. SummitTX Capital L.P.’s holdings in Pool were worth $407,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. T. Rowe Price Investment Management Inc. increased its holdings in shares of Pool by 3,831.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,001,987 shares of the specialty retailer’s stock valued at $457,955,000 after purchasing an additional 1,951,070 shares in the last quarter. Norges Bank acquired a new stake in shares of Pool in the fourth quarter valued at about $97,612,000. Wellington Management Group LLP boosted its holdings in Pool by 16.2% during the third quarter. Wellington Management Group LLP now owns 2,563,373 shares of the specialty retailer’s stock worth $794,825,000 after buying an additional 357,643 shares in the last quarter. Southpoint Capital Advisors LP purchased a new stake in Pool during the fourth quarter worth about $68,625,000. Finally, Adage Capital Partners GP L.L.C. boosted its holdings in Pool by 254.6% during the fourth quarter. Adage Capital Partners GP L.L.C. now owns 339,716 shares of the specialty retailer’s stock worth $77,710,000 after buying an additional 243,907 shares in the last quarter. 98.99% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Pool
In other Pool news, Director James D. Hope acquired 464 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was acquired at an average cost of $194.41 per share, with a total value of $90,206.24. Following the purchase, the director directly owned 3,678 shares in the company, valued at approximately $715,039.98. This trade represents a 14.44% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director John E. Stokely acquired 1,000 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The shares were bought at an average price of $193.06 per share, with a total value of $193,060.00. Following the completion of the transaction, the director directly owned 16,230 shares in the company, valued at approximately $3,133,363.80. The trade was a 6.57% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired 21,989 shares of company stock valued at $4,042,747 over the last three months. Company insiders own 3.00% of the company’s stock.
Analyst Upgrades and Downgrades
View Our Latest Report on POOL
Trending Headlines about Pool
Here are the key news stories impacting Pool this week:
- Positive Sentiment: Pool Corporation declared a quarterly dividend of $1.30 per share. Investors of record on August 13 will receive payment on August 27, implying an annualized dividend of $5.20 and a yield of approximately 2.7%.
- Neutral Sentiment: The dividend announcement reinforces shareholder returns but is unlikely to materially change near-term earnings expectations. Pool’s latest reported quarter showed revenue growth of 2.2% year over year and adjusted earnings slightly above consensus, while full-year 2026 EPS guidance remains $10.66–$10.96.
- Negative Sentiment: No new operational, earnings, or guidance-related negative announcement was identified in the provided articles. The stock’s weakness therefore appears to reflect broader trading factors or ongoing concerns about growth rather than a fresh company-specific development.
Pool Price Performance
Pool stock opened at $185.71 on Friday. The firm has a market capitalization of $6.75 billion, a PE ratio of 17.08, a P/E/G ratio of 2.58 and a beta of 1.05. Pool Corporation has a 52 week low of $172.68 and a 52 week high of $336.15. The firm’s 50-day simple moving average is $196.87 and its 200 day simple moving average is $214.43. The company has a quick ratio of 0.91, a current ratio of 2.67 and a debt-to-equity ratio of 1.05.
Pool (NASDAQ:POOL – Get Free Report) last posted its earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share for the quarter, beating the consensus estimate of $5.33 by $0.05. Pool had a net margin of 7.40% and a return on equity of 32.74%. The firm had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same period last year, the firm posted $5.17 EPS. The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. On average, equities research analysts predict that Pool Corporation will post 10.95 EPS for the current fiscal year.
Pool declared that its board has authorized a stock repurchase program on Wednesday, April 29th that authorizes the company to buyback $600.00 million in shares. This buyback authorization authorizes the specialty retailer to reacquire up to 7.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.
Pool Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be given a $1.30 dividend. The ex-dividend date is Thursday, August 13th. This represents a $5.20 annualized dividend and a dividend yield of 2.8%. Pool’s dividend payout ratio is currently 47.84%.
About Pool
Pool Corporation is a leading wholesale distributor of swimming pool supplies, equipment, and related outdoor living products. Headquartered in Covington, Louisiana, the company serves a diverse customer base that includes service professionals, independent retailers, high-volume builders, and national retail chains. Pool Corporation’s extensive branch network enables it to maintain strong local customer relationships while leveraging its scale to source products efficiently from manufacturers around the world.
The company’s product portfolio spans pool and spa chemicals, water treatment equipment, pumps, filters, heaters, automation and control systems, liners, safety covers, and cleaning accessories.
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